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$1,195,000
ACTIVE Status
We are pleased to present a unique residential development opportunity at 918 S Kingsley Drive in the heart of Koreatown. The property consists of approximately 6,753 square feet of LAR4-zoned land improved with a vacant single-family residence, providing a developer with immediate site control and eliminating the need for tenant relocation. Ownership has completed substantial pre-development work and has initiated plans for a proposed 29-unit apartment development utilizing Tier 3 Transit Oriented Communities (TOC) incentives. The current plans contemplate a six-story, Type III-A residential building consisting of 29 one-bedroom/one-bathroom units. In addition to architectural plans, ownership has completed surveys and other development-related due diligence, providing a prospective purchaser with a significant head start toward advancing the project. Strategically located just three blocks south of Wilshire Boulevard and several blocks east of Western Avenue, the property offers convenient access to Metro transit, the 10, 101 and 110 Freeways, and the extensive retail, dining, entertainment and employment amenities throughout Koreatown. Surrounded by Hancock Park, Larchmont Village, Mid-Wilshire, Pico-Robertson and other established Central Los Angeles neighborhoods, 918 S Kingsley Drive presents an attractive opportunity to capitalize on continued demand for infill multifamily housing in one of Los Angeles' most centrally located residential markets. Prospective purchasers are encouraged to independently verify all zoning, TOC eligibility, plans, unit count, development standards, permits, approvals and other development potential with the appropriate governmental agencies and qualified professionals. Contact the listing broker for additional information.

918 S Kingsley Dr, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650

$2,250,000
ACTIVE Status
REDUCED! We are pleased to present the San Marino Villas, a rare opportunity to acquire a Ready-to-Issue (RTI) 45-unit development project at 2811 San Marino Street, centrally located in Koreatown. Now offered at $2,250,000, the project represents an attractive basis of $50K per door. Existing improvements consist of 4 units to be delivered vacant, providing the buyer with a clear path toward redevelopment. The proposed project consists of 36 base units + 9 ADUs, with a unit mix of 13 two-bedroom units, 23 one-bedroom units, and 9 studios. TOC project - NOT ED1, with 11% of the base units designated Extremely Low Income. The project will be delivered RTI WITH ALL PERMIT FEES PAID! Plans call for a 7-story development featuring Type III-A construction over Type I-A, seven residential stories above two levels of subterranean parking, plus a rooftop deck for resident enjoyment. Ideally situated in the heart of Koreatown near shopping, dining, employment, transit, and other neighborhood amenities. Approved architectural plans are available for review. Do not miss this opportunity to acquire a ready RTI project with all permit fees already paid. Begin construction without starting the permitting process from scratch! Buyer is advised to independently verify all information, including but not limited to existing improvements, zoning, TOC incentives, affordability requirements, plans, permits, RTI status, development potential, square footage, and all other project details with the appropriate professionals and governmental agencies. Contact listing agent for additional information and architectural plans.

2811 San Marino St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian - CA DRE#01984269

$1,800,000
ACTIVE Status
( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. .Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR.The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.

977 Arapahoe St, Los Angeles

Courtesy of Keller Williams Larchmont, Dae Young Hur - CA DRE#01489175

$688,000
ACTIVE UNDER CONTRACT Status
Property priced at Land value! Opportunity to acquire a 3,800 sqf. LAR3-zoned land, between Melrose Hill and Larchmont Village to build on, or a fixer upper Duplex featuring 1,656 sqf of living space, presenting a future potential. Two side by side units of 1 bedrm, 1 bathroom each, on this land offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Dr, Los Angeles

Courtesy of Nelson Shelton & Associates, Faye Farzani - CA DRE#01113666

$1,300,000
ACTIVE Status
Attention builders, developers, and savvy investors! Here is a rare, high-yield opportunity to break ground on a premier multi-unit project in one of Los Angeles' highest-demand rental markets, situated minutes from Silver Lake, Hollywood, Koreatown, Hancock Park, and Downtown LA. This prime LAR3 zoned lot comes with architectural plans for a modern development featuring three separate buildings totaling 5 premium units, positioned perfectly to capture strong local rental demand. According to the seller, the site is slated to be RTI in just two months according to the seller. Furthermore, current LAR3 zoning offers the enticing potential to maximize the site up to 10 total units (buyer to verify all development guidelines). Full architectural plans are available upon request. Do not miss the chance to lock down a project in a rapidly growing, centrally located transit hub before it's gone.

553 N Heliotrope Dr, Los Angeles

Courtesy of EstateX inc., Rosanna Russo - CA DRE#02087926

$2,200,000
ACTIVE Status
Prime investment opportunity at 1041 Elden offering exceptional value-add potential and long-term upside. Currently configured as 24 rooms, this property features a flexible layout suitable for a variety of uses, making it ideal for both investors and owner-users. Strategically located in a high-demand submarket with convenient access to major freeways, transportation corridors, retail, and surrounding amenities. The property benefits from strong rental demand and provides an opportunity to increase income through lease optimization, repositioning, and property improvements. Additionally, this asset presents a rare opportunity for redevelopment or adaptive reuse. Positioned on a well-located parcel within a growing area, investors and developers can capitalize on future appreciation and maximize value through new construction or reconfiguration. Buyer to verify zoning, land use, permits, and development potential. Excellent opportunity for investors seeking stable cash flow with upside, as well as developers looking for a strategic project in a desirable location.

1041 Elden Ave, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,125,000
ACTIVE Status
Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1145 S Kingsley Dr, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,125,000
ACTIVE Status
Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

1139 S Kingsley Dr Unit 3, Los Angeles

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

$1,750,000
ACTIVE Status
Entitlement Summary : Ready to break ground ! Permit Fees Paid ! 6 story 17 units with 65 rooms. A thoughtfully designed co-living project with primarily 4 bedroom units. Transit Oriented Demand Located steps from the Metro Purple Line (Wilshire + Western). Vibrant Lifestyle Submarket Situated in the "Heart of Action" in Koreatown, offering unmatched access to world class 24/7 amenities. "High-Barrier Market Fundamentals" Capitalizes on Koreatown's historically low vacancy rates and the acute shortage of modern, attainable housing in a submarket experiencing significant capital investment and appreciation.

752 S Harvard Blvd, Los Angeles

Courtesy of GAIA, J. Geo Kim - CA DRE#01855390

$1,495,000
ACTIVE Status
***C2 ZONED*** lot offering a 7,153 SF prime Koreatown development site. Located in one of Los Angeles strongest rental markets, the site is surrounded by apartments, retail, restaurants and convenient access to public transportation.

311 S Berendo St, Los Angeles

Courtesy of GAIA, H. Jason Yang - CA DRE#02044611

$3,795,000
ACTIVE Status
Shovel-ready / RTI multifamily development opportunity located at 1103, 1107, 1109, and 1111 S Kenmore Ave four contiguous parcels in the heart of Koreatown. The project includes Ready-to-Issue (RTI) permits and fully approved architectural plans for a modern 5-story, 45-unit apartment development featuring 5 low-income units and approximately 46,259 SF of total FAR in one of Los Angeles' strongest rental markets.The approved development offers 37 parking spaces, including 4 EV spaces, plus 4 future potential parking spaces, along with dedicated bicycle parking. Additional features include elevator service, a full sprinkler system, and an efficient stacked construction design. The site is zoned R3-1 and is non-rent-controlled.Ideally positioned near Metro access and within walking distance to Koreatown's premier shopping centers, restaurants, retail, nightlife, and major employment corridors, the property benefits from exceptional connectivity and strong long-term rental demand. This rare infill development opportunity allows developers to move directly toward construction in a highly sought-after Mid-Wilshire / Koreatown location.

1111 S Kenmore Ave, Los Angeles

Courtesy of Keller Williams Beverly Hills, - CA DRE#02240729

$2,100,000
ACTIVE Status
Koreatown Development Site! This unique property of 12,539 SF and zoned C2 consists of two adjacent parcels that offer significant potential for developers looking to capitalize on a high-density, transit oriented neighborhood. Situated in the 90005 ZIP code, the site sits strategically in the high-growth Koreatown/Westlake corridor. Residents benefit from being a ten-minute walk from the MacArthur Park Metro station, providing seamless access to the B and D subway lines. The immediate area is rich with amenities, including the historic MacArthur Park, Southwestern Law School, and the diverse retail and dining landscape of nearby Koreatown. The neighborhood is currently undergoing a significant urban evolution, driven by its central location and proximity to major employment centers in Downtown Los Angeles and Hollywood. Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room.

2743 W 8th St, Los Angeles

Courtesy of CB Richard Ellis, Inc., Adam Peterson - CA DRE#01815802

$999,000
ACTIVE Status
Developers rare opportunities !! Two lots (1121 & 1125 Irolo Street) assembled for redevelopment. Total lot size is 11,810 sqft and total price is $2.4M. R3 zoning. Many units could be built on the two lots with TOC. The side by side two properties sold together only as one sale. Koreatown Galleria Supermarket and Hannam Chain Supermarket are within walking distance.

1121 Irolo St, Los Angeles

Courtesy of WIN Realty & Properties, Sung Young Kim - CA DRE#01346325

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